Research review of pricing control for queueing systems
CHEN Sha
XIA Li
Abstract:Pricing is a control mechanism to adjust value factors for service facilities. It has important application in congestion control,revenue management and quality-of-service control,etc. Service providers design pricing strategy to induce customers to behave in a way such that system performance attains the optimum.Queueing models are fundamental to analyzing performance of service facilities. In this paper,the basic elements in pricing control for queueing systems, including queueing models,customer behaviors,system performance measures and pricing strategy types are introduced. The detailed literature on pricing control for queueing systems is reviewed,which is classified according to three major categories: static pricing, dynamic pricing and priority pricing. Then the authors' latest research progress on dynamic pricing for queueing networks is briefly introduced.Finally,the research state of art is summarized,the unresolved problems are discussed,and the current research focuses as well as the possible new directions in this area are concluded.
Keywords:queueing systemspricing controlstatic pricingdynamic pricingpriority pricing
Publication Date:2018-01-01
Online Publishing Date:2025-08-15(First online date of this platform, not the publication date of the document)
Pages:15( 41-55 )
